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Using Decision Trees in Finance

Decision trees are major components of finance, philosophy, and decision analysis in university classes. Yet, many students ...
Decision trees are useful for relatively small datasets that have a relatively simple underlying structure, and when the trained model must be easily interpretable, explains Dr. James McCaffrey of ...
A decision tree is a machine learning technique that can be used for binary classification or multi-class classification. A binary classification problem is one where the goal is to predict the value ...